NDX100: "Fast & Furious".....followed by 'Frustrating & Fallible'.

NDX Daily Chart @ Close 12/03/2015

Stubbornness or otherwise; staying Short (Monday 11/23: 4686) has been rewarded amid frustrating trading conditions.
The stubbornly HIGH Put/ Call #'s (1.07) amid new highs for this Rally (Counter?) & another Outside- Down Day Wednesday....the Battle Lines are now drawn @ the Up- Trend Line circa the rising 50day SMA (Buy Cross) @ 4515/20.
Breach below that & Weekly Close BELOW the Critical 200day @ 4455/60 Support; Q1 2016 may prove to be 'historic'?